#japan News

Major banking giants in Japan together crypto exchange platform DeCurret have formed a working group to explore digital currency payments interoperability. Meanwhile, regulators in the country are warning investment advisors to fulfill the necessary licensing requirements before offering their services. Japanese Banks Ponder Digital Settlements Infrastructure According to Reuters on...

A proposal put forward by Yosuke Suda who runs the Dash Japanese website recently got approval to intensify efforts to get the crypto token listed again on virtual currency exchanges in Japan. Dash Crypto Looking to Make Good with Regulators According to an update on April 26, 2020, concerning a...

On April 20, 2020, the Japan Security Token Offering Association (JSTOA) released self-regulatory guidelines to help the citizens and the financial regulators differentiate between customer assets and electronic record transfer rights. Notably, the briefing by JSTOA comes shortly after the revisions made to the country’s Financial Instruments and Exchange Act...

Japanese advertising giant Dentsu has inked a partnership with Kadokawa Ascii research to leverage blockchain technology to make it easier for content creators to get their work recognized on popular social media platforms. This, according to a report by Nikkei, April 20, 2020. Using Blockchain for Content Recognition Dentsu, a...

Japan’s amended crypto regulations will come into effect from May 1, 2020, after a one-month delay with the updated provisions focusing on custody and proper classification of cryptocurrency assets. Japanese Crypto Regulations Focusing on Custody According to a government press release, Japan’s amended Payment Services Act (PSA) and Financial Instruments...

OKCoin Japan, a subsidiary of OK Group, has obtained a license from one of Japan’s regulatory authorities to operate a crypto exchange in the country. OKCoin Ready to Launch Crypto Exchange in Japan OKCoin announced the news of its license acquisition via a blog post on Medium on March 30,...

Hitachi Solutions Co. Ltd, a leading Japanese tech firm is joining forces with Joseph Lubin’s ConsenSys for the development, and sales of blockchain solutions powered by PegaSys Plus, a distributed ledger technology (DLT) platform from the stables of ConsenSys, according to a press release on March 30, 2020. ConsenSys Gains...

The Financial Services Agency (FSA), Japan's premier regulator for securities, banking, and insurance, has announced the Blockchain Governance Initiative Network (BGIN) as a means of gathering stakeholders so they can broaden their understanding of the technology and implement it in a sustainable manner, as reported by Finextra, March 11, 2020....

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